Shares of Pinduoduo rose by a staggering 10.85% to $184.88 at 10:48 EST on Tuesday, after two sequential sessions in a row of losses. NASDAQ Composite is rising 0.51% to $12,763.19, following last session’s downward trend, This seems, so far, a somewhat positive trend exchanging session today.
Pinduoduo’s last close was $166.78, 1.20% under its 52-week high of $182.68.
Pinduoduo’s sales growth is 87% for the current quarter and 191.2% for the next. The company’s growth estimates for the current quarter and the next is 160% and 74.4%, respectively.
Pinduoduo’s last day, last week, and last month’s average volatility was a negative 6.53%, a positive 1.96%, and a positive 0.76%, respectively.
Pinduoduo’s last day, last week, and last month’s high and low average amplitude percentage was 6.36%, 8.72%, and 6.49%, respectively.
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $184.88 at 10:48 EST, higher than its 52-week high of $182.68.
Pinduoduo’s Moving Average
Pinduoduo’s value is way higher than its 50-day moving average of $147.24 and way above its 200-day moving average of $102.10.
Previous days news about Pinduoduo
Pinduoduo worker’s death renews scrutiny of 996 work culture. According to Bloomberg Quint on Monday, 4 January, "The recent death of a Pinduoduo Inc. employee renewed criticism of the long hours commonly practiced at China’s tech companies, which are already under scrutiny by regulators for anti-competitive business practices.", "Despite the year-end sell-off in Alibaba and its peers, Pinduoduo has emerged relatively unscathed with its stock rising to a record on Dec. 30. "